Erie, PA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Erie, PA. Based on 30+ datapoints.
Erie, PA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-9.3%
Median Cashflow
-$500/mo
Avg Rent Estimate
$1,783/mo
Avg Price
$241,170
Price Range
$98,000 - $366,900
Rent to Price
0.74%
low ratio
Positive Cashflow
14%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Erie, PA
Erie, PA presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 4.5% cap rate combined with -9.3% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 30+ analyzed properties, the median monthly cashflow in Erie, PA is -$500 with average rents of $1,783/month. Properties range from $98,000 to $366,900, offering entry points across multiple investment budgets.
Erie, PA Rental Market Insights
- •Median cashflow is -$500/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 14% positive cashflow rate, Erie, PA requires selective property picks
- •Moderately priced market with properties from $98,000 to $366,900